Another thing to look out for in your potential broker is whether they have a dealing desk or not.
A dealing desk is simply a feature through which your order passes through before being transferd to the market. This means that the broker actually processes each order that you place.
The fact that the broker stands in...
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In this first article of the selecting your broker series we are going to look at one of the most obvious signs of a reputable broker, and that is them being regulated in your home country.
So why use a regulated broker? what are the benefits of doing this?
Well when a broker is regulated they...
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over the coming couple of weeks we will be outlining the kinds of things that you should be looking for in a potential broker.
Many new traders are unaware that differences even exist between brokers, for example they are not sure what terms such as ECN, Dealing desk and clearing house mean, and are even less...
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Position trading involves trading and holding positions in the market over a sustained period of time. The analysis involved tends to be based much more on fundamental analysis rather than technical analysis. This is theoretically one of the easiest styles to trade with, but in reality it is a very advanced method that should only...
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Many new traders cant just jump right into trading full time because they have other commitements that require a regular income to maintain. If this sounds familiar you may be frustrated with the fact that many forex traders seem to be day traders or scalpers, something that you just cant do at this stage. This does...
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Day trading is another popular style that most new traders attempt, and would like to become proficient at.The basic premise of day trading is that all trades are opened and closed within the trading day. On wall street a day trader is usually defined as someone who takes around 100 trades per month, this equates...
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Scalping is probably the most popular style with new traders. It basically involves taking lots of small quick profits throughout the trading session, and aggressively reducing the risk in each trade also.Scalping is completely unconventional in the sense that it relies heavily on a very high win/loss ratio whilst only utilising a very small risk reward...
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We have just uploaded a fresh safe trade exampe to our you-tube channel, so if you havent seen the safe trade in action yet, visit our channel, or check it out below!
For anyone who is not aware of the set up, it is detailed at the end of our Advanced trading course… here: http://www.invest-fx.com/forex-advanced-course/example-trading-plan
If you have...
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Over the next few weeks i will be covering the various different ways that you can trade the Forex market. The aim isnt to pigeon hole you into one particular style, but rather to inform you of the pro’s and con’s of each style.
As you may be aware i strongly advise each person to allow...
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